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ORIENT CEMENT DEAL
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- Adani's cement biz merger may benefit Ambuja shareholders: AnalystsAnalysts view the Adani Group's proposed cement business merger favorably for Ambuja Cements shareholders, simplifying the group structure ...
- CCI approves Ambuja Cements' acquisition of Orient CementIndia's antitrust watchdog has approved Ambuja Cements' acquisition of India Cements. This move, announced in October, aims to bolster Ambu...
- Major deals in India's cement sector since Adani Group's entry in 2022UltraTech Cement will buy an 8.7% stake in Star Cement for $100 million. This is part of a trend with major deals in India's cement sector ...
- Adani Cement takes over CK Birla's Orient Cement in ₹8,100 cr dealAdani Cement announced the acquisition of Orient Cement from CK Birla Group for ₹8,100 crore. This deal boosts Adani Cement's market share ...
- Major deals in India's cement sector since Adani Group's entry in 2022: A timelineAmbuja Cements will acquire a 47% stake in Orient Cement for $451 million, as India's cement sector sees significant deal-making activity. ...
- Ambuja to acquire Orient Cement at equity value of Rs 8,100 crore; to make open offer to acquire additional 26% stakeAmbuja Orient Cement: Ambuja Cement is set to acquire Orient Cement Ltd for Rs. 8,100 crore. The deal will be completed through an open off...
- Orient Cement shares zoom over 5% amid UltraTech’s plans of acquisitionUltraTech, led by Kumar Mangalam Birla, is in advanced talks to acquire Orient Cement from CK Birla for Rs 350-375 per share to counter Ada...
- Kumar Birla re-enters race to buy Orient Cement to consolidate Ultratech's Southern pushTalks between CK Birla and Adani said to be at standstill over valuation, mining clearances. Orient stock up 45% in last 1 month.
- Orient Cement shares jump 9% as promoter CK Birla taps Adani for stake saleThe transition will trigger an open offer for an additional 26% stake in accordance with takeover laws, which mandate an incoming promoter ...
- Orient promoter CK Birla taps Adani for cement business saleIndustrialist CK Birla has approached Gautam Adani to sell his promoter stake in Orient Cement after rejecting offers from other buyers. Bi...
- Orient Cement calls off Rs 2,000 cr deal to acquire 2 units from JaypeeThe deal has been terminated as both parties failed to complete the transactions within the stipulated 12 months time, according to regulat...
- Orient Cement will pay more in interest post Jaypee dealJapyee Cement's acquisition will give it a ready market in the eastern and central regions. It will also provide limestone reserves and ful...
- Orient Cement front-runner to buy JP Associates stake in Bhillai JVBhillai Jaypee Cement operates as a 74:26 JV between Jaiprakash Associates & SAIL and has a capacity of 2.1 million tonnes per annum( mtpa)...
- Orient Cement rallies 20 per cent, hits 52-week high as Rakesh Jhunjhunwala buys 17.1 lakh sharesOrient Cements Ltd rallied as much as 19.98 per cent in trade on Friday, after ace investor Rakesh Jhunjhunwala picked up 17.1 lakh shares ...
- Rakesh Jhunjhunwala buys 17.10 lakh shares of Orient CementJhunjhunwala today picked up 17.1 lakh shares of Orient Cement for about Rs 9 crore through an open market transaction.
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